Kyler, call your a couple of insurance companies and get a formal quote so you can take this back to the seller.  

My experience with S8: There is a reasonably strong correlation between S8 tenants and tenants that do not take care of a rental property. 

And many of my clients are taking on the BRRRR method. 

This takes time and knowledge.

Our current manager is in Huntsville and it is becoming clear that we need someone more local to Cullman who can be on top of showing our listings and taking charge of maintenance and repairs as needs arise. 

I’d fix it up and list it to sell after I’d been there two years to take the gain tax free.

That is your denonimator.You also take the cash flow you get from rent minus all your expenses, so at end of day how much $ is in your bank account for the entire year.

I also run investor retreats out of them so they serve multiple purposes.I would say that it takes a specific person who wants to invest in Costa Rica.

@Chris StrausbaughWhat state as in many states a lost note can still take action - especially non judicial states

Then determine your burn rate, days between call to cash, take down ability and average profit per opportunity.